# i-CON

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/i-con

- Industry: Industrial Machinery
- Headquarters: Jiaxing, China
- Website: www.i-con.cn
- Total disclosed funding: $25M
- Latest round: Series B (Apr 18, 2023)
- Investors on record: 5

## About

Founded in 2016 and based in Hangzhou, China, i-CON is an industrial technology company that develops industrial controllers, servo drives, and servo motors. In 2018, the company won the title of National High-tech Enterprise. In April 2023,it raised over CNY 100 million in series B funding from new investors CCo-Win Ventures, Sequoia Capital, and returning investor Flyfot Ventures. The company's R&D base is located in Beijing, its manufacturing is in Jiaxing, Zhejiang, and its national marketing center is in Shanghai. i-CON has cooperated with JinkoSolar, Tongwei Solar, Trina Solar and other enterprises.

The company's main products include controllers, servo drives, servo motors and servo cables. Controllers include ICC-T series large-scale programmable automation controllers, ICC-P series large-scale programmable logic controllers and ICC-B series medium-sized programmable logic controllers.

## Funding rounds

- Series B, Apr 18, 2023, $15M — Hong Shan, Flyfot Ventures, Co-Win Ventures
- Series A, Mar 22, 2022, $10M — Ferry Venture Capital, Flyfot Ventures
- Series A, Jan 20, 2021 — Ferry Venture Capital, ZHLC Asset Management

## Investors

- Ferry Venture Capital (https://capitalatlas.ai/funds/ferry-venture-capital) — Series A
- ZHLC Asset Management — Series A
- Flyfot Ventures (https://capitalatlas.ai/funds/flyfot-ventures) — Series A, Series B
- Hong Shan — Series B
- Co-Win Ventures (https://capitalatlas.ai/funds/co-win-ventures) — Series B